Agreed the webinar answered all the questions and they have been at this for years now. Another big factor is the downstream processing. Most people on here who compare INR to a lithium spodumene producers have ZERO idea what's going on in the lithium space. Lithium hydroxide will be the first to recover, then lithium carbonate and lastly crappy lithium spodumene only producers. Plus Australian government like to over regulate everything, over tax everything, change the rules constantly, high wages, high energy costs etc etc so INR being in the US is a huge bonus. Bernard also mentioned they will start producing lithium hydroxide aswell as lithium carbonate once production is well underway.
It is all about the chemical refining processing on the actual mine site that has majority of the value. Then the Boron production offsets extraction costs because it costs exactly the same to mine the ore for lithium only producers as it does for Ioneer to mine lithium and boron at the same time.
I am very confident in INR finding a partner or partners and the SP is being dragged down with lithium spodumene price and producers in Australia so at these levels I am buying more.
INR Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)